While the Assessor’s Office has implemented its one recommendation and the Department of Housing Stability has implemented three of five recommendations agreed to in the “Preserving Affordable Housing for Denver Residents” audit report, two other recommendations have yet to be acted upon or fully implemented, and six were not agreed to by the Department of Housing Stability.
January 7, 2021 In keeping with generally accepted government auditing standards and Auditor’s Office policy, as authorized by city ordinance, the Audit Services Division has a responsibility to monitor and follow up on audit recommendations to ensure city agencies address audit findings through appropriate corrective action and to aid us in planning future audits. In our follow-up to the “Preserving Affordable Housing for Denver Residents” audit report issued in August 2019, we determined the Assessor’s Office has fully implemented its one recommendation, while the Department of Housing Stability, formerly a part of Denver Economic Development & Opportunity, implemented three of the five recommendations it agreed to in the original audit report. We determined the risks associated with our initial findings have not been fully mitigated, particularly since the Department of Housing Stability disagreed with six recommendations providing opportunities for improvement. As a result, the Audit Services Division may revisit these risk areas in future audits to ensure the city takes appropriate corrective action. The Highlights page in this report provides background and summary information about the original audit and the completed follow-up effort. Following the Highlights page is a detailed implementation status update for each recommendation. We did not update the status of recommendations that the Department of Housing Stability disagreed with, as the department presumably would not have taken action toward implementing those; however, these recommendations and related risks are included in the status update section as a reference. I would like to express our sincere appreciation to the personnel in the Department of Housing Stability and the Assessor’s Office who assisted us throughout the audit and the follow-up process. For any questions, please feel free to contact me at 720-913-5000. Timothy M. O’Brien, CPA Auditor
AUDITOR TIMOTHY O'BRIEN, CPA Denver Auditor
Denver Auditor's Office
201 W. Colfax Ave. #705 Denver, CO 80202 Email: auditor@denvergov.org Call: 720-913-5000 Follow us on Facebook Connect with us on Twitter